Mining Assets Hoyle Pond, Timmins, Ontario | Image Courtesy of the ROM (Royal Ontario Museum), Toronto, Canada. ©ROM M I N E L I F E I N D E X Franco-Nevada’s asset portfolio is comprised of a large variety of properties and operations with a range of projected production profiles. The chart (opposite) provides an estimated mine life index for Franco-Nevada’s 30 most material mining assets, where sufficient information is available to present the asset. This metric is to provide investors and analysts with an indication of the potential for the assets in which Franco- Nevada has interests and should not be viewed as a definitive mine life estimate. Where an operator mine life is disclosed, it is based on such operator’s latest available disclosure. If an operator mine life is not available, management has estimated a mine life by dividing the Proven and Probable Mineral Reserves by management’s best estimate of the average annual forward-looking production. Management has further estimated a mine life index for M&I Mineral Resources and Inferred Mineral Resources by dividing the Measured and Indicated Mineral Resources (inclusive of Mineral Reserves) and Inferred Mineral Resources, respectively, by management’s best estimate of the average annual forward-looking production. Readers should be cautioned that Inferred Mineral Resources are considered too speculative geologically to enable them to be categorized as Measured and Indicated Mineral Resources. To provide the mine life index of the overall portfolio, Franco- Nevada has divided its total M&I Royalty Ounces (inclusive of Mineral Reserves) and Inferred Royalty Ounces by the midpoint of its 2026 Mining production guidance. The average mine life index of the mining portfolio using this methodology is approximately 46 years (34 years for M&I Royalty Ounces with a further 12 years from Inferred Royalty Ounces). For our energy assets, Franco-Nevada receives third-party reports estimating our reserves and resources for some assets and independently calculates reserves and resources for other assets. We have calculated the asset lives of our assets by dividing the total reserves for each asset by the prior year annual production volume. The estimates are based on Proven and Probable reserves for our Canadian assets and Proven, Probable and Possible reserves for our U.S. assets. On that basis our Canadian assets have an estimated aggregate asset life of approximately 22 years and our U.S. assets have an estimated aggregate asset life of 20 years. 1 Operator mine life based on such operator’s latest available disclosure, unless otherwise noted 2 Measured and Indicated Mineral Resources and Inferred Mineral Resources used in the mine life index calculation are based on publicly disclosed information as of March 12, 2026 3 Cobre Panamá, currently on preservation and safe management, is not includedin the above calculations 4 Mine life as disclosed by Vale S.A. in their latest 20-F and exhibits. Mine life represents longest disclosed mine life 5 Operator mine life not available, management has estimated a mine life by dividing the Proven and Probable Mineral Reserves by management’s best estimate of the average annual forward-looking production. Mineral Reserves used in the mine life index calculation are based on publicly disclosed information as of March 12, 2026 Years Based on Inferred 2 Based on M&I 2 Based on operator mine life 1 0 10 20 30 40 50 South Kalgoorlie 5 Wiluna 5 Duketon 5 Subika (Ahafo) Sabodala Tasiast Western Limb Guadalupe-Palmarejo Rest of World Marigold Bald Mountain Stillwater United States Valentine Gold Greenstone Magino Musselwhite Macassa (Kirkland Lake) Brucejack Porcupine Côté Gold Hemlo Detour Lake Canada Vale Southeastern System 4 Vale Northern System 4 Caserones Salares Norte Tocantinzinho Condestable Antamina Antapaccay Candelaria South & Central America 3 The average mine life index of the mining portfolio is approximately 46 years. TSX / NYSE: FNV 22 ★ Franco-Nevada Corporation Overview